Trump says Iran will receive no money as US-Iran peace deal faces friction over Hormuz access

US President Donald Trump has said Iran will not receive any money, sharpening tensions just days after Washington and Tehran signed a peace agreement that includes a reconstruction and economic development plan for Iran. His remarks came amid confusion over how the deal will be financed and whether the Strait of Hormuz remains open to normal traffic. Maritime reporting also suggested the waterway may have been reclosed or restricted, adding to uncertainty around one of the world's most important energy chokepoints.

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The agreement was signed on Wednesday, 17 June, by Trump and Iranian President Masou Pezeshkian, according to the supplied material. One clause refers to a reconstruction and economic development plan for Iran with a minimum value of $300 billion, to be developed by the United States together with regional partners in the Gulf. The text does not specify where the money would come from, and Trump had already said on Thursday that the United States would not pay the amount.

Trump's latest comments were also a direct response to criticism from Iran's supreme leader, Mojtaba Khamenei, who had accused him of acting out of desperation. The US president rejected that claim and said Iran would not receive any money under the deal. He also urged Israel to comply with the ceasefire included in the peace framework, saying he expected a complete ceasefire on all fronts, including Lebanon, Hezbollah and Israel.

The financing dispute matters because the agreement is being presented as a framework to end the war in the Middle East, while also setting out security and economic terms that could affect the wider region. The document reportedly includes guarantees that Iran will never obtain nuclear weapons, the lifting of US sanctions, and financial compensation for the Iranian government. Any ambiguity over who pays, how much is paid, and when it is delivered could affect confidence in the deal before its implementation is fully established.

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The Strait of Hormuz adds another layer of risk because it is a critical route for global energy shipments. The supplied rows say tankers were navigating the strait after the agreement was signed, but later maritime reports indicated access may have been reclosed or restricted. They also suggest that compliant transit requests could still be allowed during an announced period, pointing to a possible partial or conditional reopening rather than a clear return to normal operations.

The deal itself appears to be part of a broader attempt to halt hostilities and create a reconstruction process after the conflict. The text described in the supplied material contains 14 points and was officially disclosed on Wednesday, 17 June. It also refers to the United States and Iran, along with their allies in the current war, agreeing to an immediate and permanent end to military operations, although the full implementation details remain unclear from the available rows.

For now, the main questions are whether the financing language in the agreement will be clarified, whether Iran will accept the US position on payment, and how maritime access through the Strait of Hormuz will be managed in practice. It is also unclear how the ceasefire provisions will be enforced across the wider regional fronts mentioned by Trump. The next developments to watch are any formal statements on funding, shipping rules, and whether the agreement's security commitments hold under pressure.

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